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Billionaire rails against vandalism of cars and protests at dealerships in the US and Europe

System disperses trillions of dollars in US government spending each year, including social security

Plus, Morgan Stanley slips in the financial advisory fee rankings and how Palantir secured its place in the lucrative US defence industry

Internal equity valuation of $19bn in October would be vastly lower today

Executive pay is a mess almost everywhere

Tesla chief targets $20bn valuation in bid to take on OpenAI

Defence groups and military face questions over piloted aircraft at a time when drones are playing a bigger role in aerial combat

These days, political influence matters as much as metrics like ‘daily active users’

President-elect’s new allies in Silicon Valley suffer backlash over foreign workers from his core supporters

The huge valuations ascribed to X and xAI have raised eyebrows